Music Industry news and trends

Taylor Swift Drove 2% of All Music Sales in 2023
Streaming // February 04, 2024

Last year, Taylor Swift accounted for 2% of the music industry’s entire sales. But as the megastar prepares to make history — in the running to become the first artist ever to win the Album of the Year Grammy four times — her success marks...

Mozaic Raises $20 Million to Expand Payment Platform for Creators
Investments // November 27, 2023

Mozaic has raised $20 million to expand its payment platform for creators. “We are thrilled to announce Mozaic’s $20M raise from Volition Capital to help creators and teams all over the world get paid together,” the company said in a Monday (Nov. 27) post on...

Twitter Faces Legal Battle Over Copyright Infringement
Legal // June 14, 2023

The National Music Publishers’ Association has filed a lawsuit against Twitter, alleging that the platform has been using copyrighted music without permission. NMPA President David Israelite said in a statement Wednesday (June 14) that Twitter “stands alone as the largest social media platform that has...

Brexit A Boon For Blockchain?
Brexit // October 31, 2018

As U.K. gears up to leave the EU, questions arise over cross-border trade and payments. Might technology be a salve? One study from Nexus found that blockchain is getting consideration from mid- to large-sized companies ahead of the 2019 separation.

Interviews & Exclusives
Music Industry Confronts AI Compensation Issue 

April 09, 2024
Artificial intelligence (AI) is bringing unimaginable opportunities and efficiencies to nearly every sector.  However, those opportunities and efficiencies also come with their own controversies and complications, particularly across the creative industries, where the training data used to fuel AI has sparked a debate about the future of artist compensation and copyright. “We want to ensure […]

izo: The Sweet Sound Of Automated Payables

August 28, 2018
When watching dance in videos, chances are good that those videos are from media company DanceOn, owned and operated by music platform izo. The story of how payments flow among dancers,...

PEX CEO: Why Gig Workers Need Spend Management Tools

May 29, 2018
If you really know the music industry, you know that many tour managers and accountants are barely a half-step removed from the glory days of the abacus. So many of...

Resolving Discord In Indie Music Payouts

May 02, 2018
Over the years, computers have put a wildly different spin on how music is produced and distributed. First, they emerged as a tool for mixing and mastering songs in a...

Quick Reads
Taylor Swift Drove 2% of All Music Sales in 2023

February 04, 2024
Last year, Taylor Swift accounted for 2% of the music industry’s entire sales. But as the megastar prepares to make history — in the running to become the first artist ever to win the Album of the Year Grammy four times — her success marks an exception in the music industry, not the rule, the Financial […]

Mozaic Raises $20 Million to Expand Payment Platform for Creators

November 27, 2023
Mozaic has raised $20 million to expand its payment platform for creators. “We are thrilled to announce Mozaic’s $20M raise from Volition Capital to help creators and teams all over...

Twitter Faces Legal Battle Over Copyright Infringement

June 14, 2023
The National Music Publishers’ Association has filed a lawsuit against Twitter, alleging that the platform has been using copyrighted music without permission. NMPA President David Israelite said in a statement...

Pitbull Launches Music-Focused Blockchain Competition

April 25, 2018
Armando “Pitbull” Perez is trying to disrupt the music industry by launching an international blockchain coding competition. According to CNBC, people from around the world can participate in “Smackathon,” using...